Dorian safeguards itself for hostile takeovers

On the heels of the battle for Norwegian gas carrier Aurora LPG, Dorian LPG has now adopted new shareholders' rights in an effort to protect the company from a hostile takeover, says CEO John Hadjipateras.
Photo: Dorian LPG
Photo: Dorian LPG
BY KATRINE GRØNVALD RAUN

The gas industry recently witnessed two of the most major players fight it out to enter the Norwegian gas carrier Aurora LPG. A fight, where the largest of the two, BW LPG, was successful in acquiring 15 percent of the shares in Aurora, while Avance Gas had to admit defeat.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading